MELBOURNE: The Age newspaper here reported that a Malaysian businessman who had brokered currency printing deals for two Australian companies in Malaysia was also a broker for Pakistan’s nuclear arms programme.
The paper said an Australian Federal Police taskforce was now investigating payments made by one of the companies amounting to millions of dollars in commissions to foreign middlemen used to help win currency printing deals in Africa, Asia and Latin America.
Former business associates of the Malaysian businessman told the newspaper that he had claimed to have high-level connections in Malaysia that he could use to help strike deals for foreign companies.
The Australian companies had won currency printing contracts in Malaysia in 1998 and 2004 for the Australian-made polymer banknotes.
Malaysia introduced commemorative RM50 polymer banknotes in 1998 when it hosted the 16th Commonwealth Games and RM5 polymer banknotes in 2004. -- Bernama
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